Shares of Keysight Technologies Inc. (NYSE:KEYS) have been given an average recommendation of “Buy” by the thirteen research firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $47.33.

KEYS has been the subject of several research reports. Wells Fargo & Company reaffirmed an “outperform” rating on shares of Keysight Technologies in a research report on Tuesday, July 4th. BidaskClub raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $50.00 target price on shares of Keysight Technologies in a research report on Friday, July 21st. Barclays PLC initiated coverage on Keysight Technologies in a research report on Monday, August 7th. They issued an “overweight” rating and a $50.00 target price for the company. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $47.00 target price on shares of Keysight Technologies in a research report on Friday, August 25th.

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Keysight Technologies (KEYS) traded down 0.37% during mid-day trading on Thursday, reaching $42.91. 207,749 shares of the company were exchanged. The stock’s 50-day moving average price is $41.56 and its 200-day moving average price is $39.87. Keysight Technologies has a 1-year low of $31.81 and a 1-year high of $43.32. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 32.73 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.07. The company had revenue of $832.00 million during the quarter, compared to the consensus estimate of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. Keysight Technologies’s revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 EPS. On average, equities research analysts anticipate that Keysight Technologies will post $2.47 EPS for the current fiscal year.

In related news, VP John C. Skinner sold 15,058 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $40.79, for a total transaction of $614,215.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ronald S. Nersesian sold 58,931 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $41.64, for a total value of $2,453,886.84. The disclosure for this sale can be found here. Insiders own 1.23% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Keysight Technologies by 2.3% during the second quarter. Vanguard Group Inc. now owns 15,255,095 shares of the scientific and technical instruments company’s stock worth $593,881,000 after purchasing an additional 348,208 shares during the last quarter. BlackRock Inc. lifted its stake in Keysight Technologies by 4.5% during the second quarter. BlackRock Inc. now owns 15,193,717 shares of the scientific and technical instruments company’s stock worth $591,492,000 after purchasing an additional 650,968 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Keysight Technologies by 1.1% during the second quarter. JPMorgan Chase & Co. now owns 7,398,950 shares of the scientific and technical instruments company’s stock worth $288,041,000 after purchasing an additional 78,628 shares during the last quarter. State Street Corp lifted its stake in Keysight Technologies by 5.4% during the second quarter. State Street Corp now owns 5,051,783 shares of the scientific and technical instruments company’s stock worth $196,669,000 after purchasing an additional 258,368 shares during the last quarter. Finally, Marshall Wace North America L.P. lifted its stake in Keysight Technologies by 23.2% during the second quarter. Marshall Wace North America L.P. now owns 4,516,498 shares of the scientific and technical instruments company’s stock worth $176,143,000 after purchasing an additional 849,245 shares during the last quarter. Hedge funds and other institutional investors own 88.15% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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